EFG Harris Allday, with its regional Midlands focus and long-standing client relationships, represents the kind of established boutique operation that larger platforms have been targeting.

Strategic review

EFG International, the Zurich-based private banking group that operates EFG Private Bank in the UK, has been rationalising its UK operations. The sale of the Harris Allday division to Canaccord Genuity follows a period of strategic review within the broader EFG group.

Canaccord Genuity is one of several Canadian-origin financial services firms that has built significant wealth management operations in the UK.

 The group’s global wealth management division, which spans Canada, the UK, Crown Dependencies, and Australia, manages tens of billions in client assets across its platforms.

The deal is subject to closing conditions and regulatory approvals, with completion anticipated before the end of 2026.